Garipian Chnar Acquires MultiFamily Property At 207 W Garfield Ave From Jaime Roberts For $2.4M
207 W Garfield Ave
$2,400,000
$361/SF
Building Size
6,638 SF
Asset Type
MultiFamily
Closing
Jun 17, 2021
AI
The property asset involved in the transaction is located at 207 W Garfield Ave in Glendale, categorized as a MultiFamily asset. The sale price for this property was $2,400,000.00, and it encompasses a total square footage of 6,638.0 SF.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,400,000.00
- Address: 207 W Garfield Ave
- Market: Glendale
- Square Footage: 6,638.0 SF
- Buyer: Garipian Chnar
- Seller: Jaime Roberts
- Brokers: Chase Simonton - Re/Max, Laura Fallieras, David Nalbandyan
Key individuals in this deal include the buyer, Garipian Chnar, and the seller, Jaime Roberts. The brokers representing the transaction are Chase Simonton from Re/Max, Laura Fallieras, and David Nalbandyan.
Players
Glendale MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93